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Sep 30, 2012
09/12
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henry david thoreau said the government that governs is the best. the least government you can have is no government, so i have that kind of what may be called by some utopian view. most libertarians i know if they were in power and they were able to establish the minimum government that they want to put into power, i would hang up my anarchist credentials, i'd go in my backyard, and i would grow tomatoes for the rest of the year. i'd love that. so i don't have much of an argument with most libertarians. i'd love to see their government. in -- if they saw me, they wouldn't see me again. >> host: wendy mcelroy, in the back of this book is an invitation. what is this? >> guest: it's something i'm very excited about. um, if you go to the site lfb.org joined wendy mcelroy, you'll find a community of people. it's a fledgling community with people like me and jeb tucker. we're trying to find out how to live liberty. we are tired, as i said, about being depressed. we're tired about looking at the state and railing and raising our fists and saying pick a go
henry david thoreau said the government that governs is the best. the least government you can have is no government, so i have that kind of what may be called by some utopian view. most libertarians i know if they were in power and they were able to establish the minimum government that they want to put into power, i would hang up my anarchist credentials, i'd go in my backyard, and i would grow tomatoes for the rest of the year. i'd love that. so i don't have much of an argument with most...
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Sep 26, 2012
09/12
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CNBC
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long dated government bonds are being bought big time. the ten-year yield has now fallen eight straight sessions. last time that happened was in january of 2008. it smells a bit of fear. here's what's going on. stocks are telling a different story. stocks and bonds generally go in different directions. but the blue line is the s&p 500. we have been up, down, up again. the light green -- yellow, seahawks green, whatever you want to call it -- is the price of the ten-year fretreasury not. at the start of the year the two were going in opposite directions as we usually see. we had flare-ups. they started to converge, come back. we did what we normally do, diverged again. look at the far right, they are coming back together. people get scared, sell stocks and buy bonds. is that what's going on here? let's get rick santelli's take on it. rick? >> i think you nailed it. i think there is a bit of a water balloon metaphor or analogy to this as well. the federal reserve has a giant water balloon and they are trying to manage it. that represents al
long dated government bonds are being bought big time. the ten-year yield has now fallen eight straight sessions. last time that happened was in january of 2008. it smells a bit of fear. here's what's going on. stocks are telling a different story. stocks and bonds generally go in different directions. but the blue line is the s&p 500. we have been up, down, up again. the light green -- yellow, seahawks green, whatever you want to call it -- is the price of the ten-year fretreasury not. at...
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Sep 26, 2012
09/12
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KTVU
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policies and the interest payments alone on the national debt are higher than the budgets of several government agencies come pined. >>> at the u.n. general assembly, the president of iran lashed out to the powers. ahmadinejad address add room filled with especially thank you seats. mr. ahmadinejad accused western leaders of intimidation with a pledge not to test nuclear weapons. he criticized what he called a continued threat by the uncivillized zionist to taken action against iran. >> he wanties to make iran a nuclear power. you know what i say to that. no way, no how, never. >> former new york city mayor judy guiliani led a protest against ahmadinejad. protestors carried signs and denounced the iranian leader. >>> neighbors knew there was some sort of mystery. they are surprised to learn about this. this is video you will see on two. >>> the warm up is coming. he will tell you when it will reach your neighborhood. >>> the unusual drill this morning at sfo to prepare for an airport emergency that has not happened here in 40 years. lots of prepaid cards come pre-filled with problems. enough is
policies and the interest payments alone on the national debt are higher than the budgets of several government agencies come pined. >>> at the u.n. general assembly, the president of iran lashed out to the powers. ahmadinejad address add room filled with especially thank you seats. mr. ahmadinejad accused western leaders of intimidation with a pledge not to test nuclear weapons. he criticized what he called a continued threat by the uncivillized zionist to taken action against...
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Sep 26, 2012
09/12
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WRC
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. >> the iranian government props up a dictator in damascus and supports terrorist groups abroad. time and again it has failed to take the opportunity to demonstrate that its nuclear program is peaceful. >> iranian president mahmoud ahmadinejad did not respond to mr. obama's remarks. he said he didn't want to influence the presidential election. tuesday he told the associated press a new world order needs to emerge from years of which he described as american bullying and domination. mahmoud ahmadinejad scheduled to address the general assembly this morning. you can see our interview a little later on cbs "this morning." >>> cbs money watch now time. budget protests in europe and airlines rack up those baggage fees. ashley morrison has more. >> reporter: workers in greece went on a general strike today for the first time since the coalition government was formed three months ago. they are protesting $16 billion worth of upcoming spending cuts that will slash wages, pentecost and welfare benefits but with the country on the brink of bankruptcy the greek government is expected to ap
. >> the iranian government props up a dictator in damascus and supports terrorist groups abroad. time and again it has failed to take the opportunity to demonstrate that its nuclear program is peaceful. >> iranian president mahmoud ahmadinejad did not respond to mr. obama's remarks. he said he didn't want to influence the presidential election. tuesday he told the associated press a new world order needs to emerge from years of which he described as american bullying and...
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Oct 1, 2012
10/12
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CNNW
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i don't think government can solve all our problems but government's not the source of all our problems, either. there's some things we've got to do together. we -- instead of going around blaming somebody, unions or immigrants or gays or somebody, for what's going on, what we need to do is pull together. we're all in this together. we believe that america only works when we all accept responsibility for ourselves, and for each other. that's how we- >> and mr. obama will be on the road through wednesday's first presidential debate. mitt romney heads to colorado tomorrow, where he'll hold a rally, and continue his preparations for wednesday's showdown in denver. he went to church this morning outside boston, but held no public events over the weekend. >>> in iraq, at least 30 people were killed today in a wave of bombings. some explosions hit in or near baghdad. it is the deadliest day in iraq in nearly a month. shiite muslim communities appear to be the main targets of the attacks. >>> a christian pakistani girl accused of desecrating the koran is set to be cleared of all charges. tomor
i don't think government can solve all our problems but government's not the source of all our problems, either. there's some things we've got to do together. we -- instead of going around blaming somebody, unions or immigrants or gays or somebody, for what's going on, what we need to do is pull together. we're all in this together. we believe that america only works when we all accept responsibility for ourselves, and for each other. that's how we- >> and mr. obama will be on the road...
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Sep 26, 2012
09/12
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KPIX
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his remarks will be closely watched for signs of what direction egypt's new government may go. on tuesday president obama addressed the general assembly. he urged world leaders to reject extremism citing the murder of the u.s. ambassador in libya and three others. >> i would like to begin today by telling you about an american named chris stevens. >> reporter: the president told world leaders that the slain u.s. ambassador to libya, chris stevens, had gone to benghazi to establish a cultural center and help modernize a hospital. >> today we must declare this violence and intolerance has no place. >> reporter: it's still unclear what motivated the terrorist attack but president obama focused on that anti-muslim video made in california explaining why the u.s. can't and won't ban a movie that mr. obama himself described as crude and disgusting. >> i know that not all countries in this body share this particular understanding of the protection of free speech. we recognize that. but in 2012 at a time when anyone with a cell phone can spread offensive views around the world with the
his remarks will be closely watched for signs of what direction egypt's new government may go. on tuesday president obama addressed the general assembly. he urged world leaders to reject extremism citing the murder of the u.s. ambassador in libya and three others. >> i would like to begin today by telling you about an american named chris stevens. >> reporter: the president told world leaders that the slain u.s. ambassador to libya, chris stevens, had gone to benghazi to establish a...
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Sep 28, 2012
09/12
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WBAL
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the government says it only does what the courts allow. >>> the producer of the anti-muslim film that infuriated muslims around the world has been arrested, not for the movie, but an alleged violation from a check fraud violation which could mean prison. >>> actor johnny lewis who appeared in the tv show sons of anarchy was found dead thursday in los angeles. he was suspected in the killing of an 81-year-old woman who may have been his landlord. lewis who once dated katy perry either fell or jumped off the roof. >>> nasa is taking a very close look at new photos from mars that show pebbles rounded off. scientists say it may be a sign that water once flowed on the red planet, possibly enough to fill a stream. >>> now here's an early look at how wall street's going to kick off the day. the dow closed at 13,485 after adding 72 points yesterday. the s&p gained 13. the nasdaq climbed 42. taking a look at overseas trading this morning, in tokyo the nikkei dropped 79 points but in hong kong the hang seng was up 78. >>> aggressive budget cutting from one of europe's troubled economies helped
the government says it only does what the courts allow. >>> the producer of the anti-muslim film that infuriated muslims around the world has been arrested, not for the movie, but an alleged violation from a check fraud violation which could mean prison. >>> actor johnny lewis who appeared in the tv show sons of anarchy was found dead thursday in los angeles. he was suspected in the killing of an 81-year-old woman who may have been his landlord. lewis who once dated katy perry...
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Oct 2, 2012
10/12
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workers are protesting the government's austerity measures. government officials submitted a draft of the 2013 budget yesterday that calls for a new wave of deep cuts which will save $10 billion next year. workers will protest proposed cuts to salaries, pensions and other benefits. last week, 50,000 people in athens demonstrated against austerity. wages in china are going up - by some estimates, about 17% a year. it is providing china's growing middle class with more money to buy goods, though inflation is not helping. but it may also drive up the cost of making some of those products there, as well. in our cover story, who gains as china's employee base moves up? despite china's present economic slowdown, the story of its workforce recently has been of migration from farm to factory. 25 million made the move in 1990. last year, that figure grew to 158 million. it has increased china's productivity and competitiveness. but lately, that workforce is demanding more. "they increasingly learn that there's a big gap in what they earn and some other
workers are protesting the government's austerity measures. government officials submitted a draft of the 2013 budget yesterday that calls for a new wave of deep cuts which will save $10 billion next year. workers will protest proposed cuts to salaries, pensions and other benefits. last week, 50,000 people in athens demonstrated against austerity. wages in china are going up - by some estimates, about 17% a year. it is providing china's growing middle class with more money to buy goods, though...
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Sep 26, 2012
09/12
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FOXNEWS
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that's why a coalition of countries is holding the iranian government accountable. that's why the united states will do what we must to prevent iran from obtaining a nuclear weapon. >> the president's remarks came as anti-american protests raged overseas. he told world leaders that now is the time to figure out why things are so tense between the arab world and the west. but that even if an american made movie upsets a certain group of people, free speech will always be protected and valued in this country. >> let me be clear just as we can not solve every problem in the world, the united states has not and will not seek to dictate the outcome of democratic transitions abroad. >> so president obama will not tell protesters abroad to stop doing what they're doing. but he says he will continue to speak out forcefully against violence and extremism. back to you in new york. >> gretchen: peter doocy, thanks very much for that update. in the speech he still didn't call libya a terrorist attack. it's interesting to me that the obama administration and the spokesperson fin
that's why a coalition of countries is holding the iranian government accountable. that's why the united states will do what we must to prevent iran from obtaining a nuclear weapon. >> the president's remarks came as anti-american protests raged overseas. he told world leaders that now is the time to figure out why things are so tense between the arab world and the west. but that even if an american made movie upsets a certain group of people, free speech will always be protected and...
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Sep 28, 2012
09/12
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KICU
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government ministry faces an average 9% budget cuts and public worker salaries will be frozen. convince creditors that it will continue to reduce an $81 billion deficit. spain may soon seek health from the yur neen central bank. >>> u.s. economic news, first-time unemployment benefits dropped. it's the lowest level we've seen in nine weeks and a sign hiring may be picking up. four-week average new jobs fell to 174,000. the market a double dose of economic news. the dow jones industrial climbed 72 points. nasdaq added 42 points. >>> first step into e-commerce, the new service called gift. memo park company launched gift with select vendors today. new users will be able to click on ipod and send a friend a gift card, chocolates or other real-life presents. it'll also remind you about events such as birthdays or weddings. >>> a week-long celebration will culminate in san francisco tomorrow night. david stevenson tells us how thousands of cyclists are set to take over the streets. >> critical mass cyclists are rolling in san francisco from around the country and around the world to
government ministry faces an average 9% budget cuts and public worker salaries will be frozen. convince creditors that it will continue to reduce an $81 billion deficit. spain may soon seek health from the yur neen central bank. >>> u.s. economic news, first-time unemployment benefits dropped. it's the lowest level we've seen in nine weeks and a sign hiring may be picking up. four-week average new jobs fell to 174,000. the market a double dose of economic news. the dow jones industrial...
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Oct 3, 2012
10/12
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MSNBC
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have valid government-issued i.d. then it says some more stuff. the last rule is voluntary compliance. this isn't actually a rule at all. it's just a couple guys trying to make you think it's a rule while you're trying to vote. after that election the massachusetts secretary of state ruled that it was illegal for those guys to be inside that polling place with their big sign that says show i.d. to vote. but by that time, the election was over so maybe the mage was done. we don't know how many people roll past that billboard and decided they wouldn't turn out to vote because they didn't have a driver's license. we don't know how many people strolled in thinking they were going to vote, saw the sign about issuing an i.d. to vote, knew they didn't have that and turned around and walked out. we don't know. it was a factually inaccurate claim on the billboard and sign. it was even illegal for them to be there. but the damage was done. if the point of requiring documentation to vote is that not everybody has it. so therefore, you filter out those who ar
have valid government-issued i.d. then it says some more stuff. the last rule is voluntary compliance. this isn't actually a rule at all. it's just a couple guys trying to make you think it's a rule while you're trying to vote. after that election the massachusetts secretary of state ruled that it was illegal for those guys to be inside that polling place with their big sign that says show i.d. to vote. but by that time, the election was over so maybe the mage was done. we don't know how many...
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Oct 3, 2012
10/12
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MSNBC
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vick ticks who are dependent on the government. at least it was before those remarks were made public. still a bit of a surprise that the romney campaign bit on mr. gingrich's idea, that they took that advice. but they did take that advice. the ream campaign has been running ads accused president obama of gutting welfare reform by removing its work requirements. president obama did not do that, but the romney ads, a lot of them now, say he did. they show white americans working hard and they say this president wants to take your hard-earned money and give it away to lazy welfare recipients who aren't working. it's not true as a matter of policy. but that's how the romney campaign has been running against obama. he repeated the lie to cnn just last week. there was a moment back in may when it became a scandal that a pro-mitt romney super pac had even been pitched the idea of bringing jeremiah wright back as an attack on president obama. that ad campaign was never picked up by the pro-romney super pac or the romney campaign itself. i
vick ticks who are dependent on the government. at least it was before those remarks were made public. still a bit of a surprise that the romney campaign bit on mr. gingrich's idea, that they took that advice. but they did take that advice. the ream campaign has been running ads accused president obama of gutting welfare reform by removing its work requirements. president obama did not do that, but the romney ads, a lot of them now, say he did. they show white americans working hard and they...
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Sep 27, 2012
09/12
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KPIX
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greek unions had organized the march and a one-day strike to protest a new round of government spending cuts. the government's out of money, and international banks would not lend it any more unless it cut salaries and programs. scientists have made an underwater discovery-- hundreds of thousands of new species. that story's next. that was me still taking insulin with a vial and syringe. me, explaining what i was doing at breakfast. and me discovering novolog mix 70/30 flexpen. flexpen is pre-filled with your pre-mix insulin. dial the exact dose. inject by pushing a button. no vials, syringes or coolers to carry. flexpen is insulin delivery my way. novolog mix 70/30 is an insulin used to control high blood sugar in adults with diabetes. do not inject if you do not plan to eat within 15 minutes to avoid low blood sugar. tell your healthcare provider about all medicines you take and all of your medical conditions, including if you are pregnant or breastfeeding. most common side effects include reactions at the injection site, weight gain, swelling of your hands and feet, and vision change
greek unions had organized the march and a one-day strike to protest a new round of government spending cuts. the government's out of money, and international banks would not lend it any more unless it cut salaries and programs. scientists have made an underwater discovery-- hundreds of thousands of new species. that story's next. that was me still taking insulin with a vial and syringe. me, explaining what i was doing at breakfast. and me discovering novolog mix 70/30 flexpen. flexpen is...
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moving towards more democratic forms of government a lot of a lot more opportunities for popular input in the decision making of course there is a lot of dark spots of people are focusing a lot on syria right now for good reason but overall i think there's a lot more hope across the region over the last couple years and i definitely agree with the scenes take ok could you get your turn what do you think about all of this i mean is it on the right track as we see the dust settle or we're going to see more of a whirlwind. i do i do agree broadly with the seams there was a regional security structure in place supported by arthur terry and lou religious leaders and rulers in the middle east and people are demanding more and more representative governments and that's an irreversible trend. as we were saying there will be dark spots and this is a very this is a situation in flux and we will continue to see this over the coming years but i feel like it's not a reversible. move. people are demanding more representative governments and you're seeing much more positive developments in that sense
moving towards more democratic forms of government a lot of a lot more opportunities for popular input in the decision making of course there is a lot of dark spots of people are focusing a lot on syria right now for good reason but overall i think there's a lot more hope across the region over the last couple years and i definitely agree with the scenes take ok could you get your turn what do you think about all of this i mean is it on the right track as we see the dust settle or we're going...
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unable to govern ourselves. unable to govern ourselves. tracy: your company tried to instill them. >> we continue to work with epa and others to work with issues that come out with rules that is difficult for the industry to meet. the timetables, the retirement of coal-fired generations in this country are dpdificult to o from the timing perspective. and that will happen after the election. tracy: you are at this commit for where ceo policymakers are discussing big ississus. crony capitalism and corporate governance and they feel the need to step in because corporate governance is being ignored and crony capitalism exists. >> clearly incumbent on us to let the corporations continissuo produce jobs in this country. from a government standpoint ssusommon-sense regulations and common sense approaches and legislation that makes sense. for two parties to come together and produce an environment where business can proper -- tracy: energy security is something you are talking about. the obama administration has done ev
unable to govern ourselves. unable to govern ourselves. tracy: your company tried to instill them. >> we continue to work with epa and others to work with issues that come out with rules that is difficult for the industry to meet. the timetables, the retirement of coal-fired generations in this country are dpdificult to o from the timing perspective. and that will happen after the election. tracy: you are at this commit for where ceo policymakers are discussing big ississus. crony...
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the spanish government is trying to resist dimes because they know it's some popular but i'm afraid they will probably bowed to the to the dictates of brussels once again and we'll have more maybe tax racers and old that sort of thing. where we're watching these live pictures from madrid and as you can see the police and the protesters have set a tea just kind of take into each other they would see police grabbing some of the protesters you seem to be using their batons they seem to be a little bit of chaos going on around and some people just holding up their hand saying let's just do this peacefully please grabbing some other people they obviously leading them away to try to keep the peace. mall it's just it's it's it's obviously getting a little bit out of hand with the police trying to keep calm. and some of the protests and they just trying to say we're here to protest. but i do keep you posted on what's happening in madrid as bullets and things. and they say in process the. graham we look at how the lack of economic recovery elsewhere in europe is threatening to set back the l
the spanish government is trying to resist dimes because they know it's some popular but i'm afraid they will probably bowed to the to the dictates of brussels once again and we'll have more maybe tax racers and old that sort of thing. where we're watching these live pictures from madrid and as you can see the police and the protesters have set a tea just kind of take into each other they would see police grabbing some of the protesters you seem to be using their batons they seem to be a little...
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government was. supporting it but i'll do it to you who are prepared to live a little less popular uprising in tunisia you're absolutely right but i'll. in the same story was when you do the u.s. government obama is going to even try to avoid and who would replace hosni mubarak being injured and their pick who is the leader of the guardian oversee the torture chambers and in total suliman who had been used of course to torture prisoners that were rendition by the cia to egypt when u.s. president barack obama was addressing the general assembly. he brought up the fact of this anti islam film that that sparked a lot of anti-american sentiment in the arab world and actually even beyond and he said as as crude and disgusting as he believes that film is as us president he will still defend the constitutional rights of americans to freedom of expression and freedom of speech but still in a song when he was addressing the u.n. . he sort of said obama was being quite hypocritical by persecuting joining us on
government was. supporting it but i'll do it to you who are prepared to live a little less popular uprising in tunisia you're absolutely right but i'll. in the same story was when you do the u.s. government obama is going to even try to avoid and who would replace hosni mubarak being injured and their pick who is the leader of the guardian oversee the torture chambers and in total suliman who had been used of course to torture prisoners that were rendition by the cia to egypt when u.s....
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Sep 26, 2012
09/12
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CNBC
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european governments are not dealing with their economic problem. it's so frustrating to watch the ecb do everything right in terms of protecting the banks and the sovereign bond market and watch the politicians fail to do what's necessary to get these economies to grow. you have to stabilize the patient before you try and fission their long-term problems. the politicians don't do this. that means europe stays in a recession. for u.s. investors, i think it is still something of a side show. >> something of a side show. until they either come up with the austerity or -- something's got to give, right? >> because it doesn't disrupt the u.s. economy. the u.s. economy is still growing. our exports to europe are only a very small part of our gdp. the housing market recovery is much more important to the improvement of wealth. we're seeing some improvement of confidence. we're seeing rising home prices. all these are more important to the united states than what's going on in europe. >> mark, how do you see it? you invested in europe these days or no? >>
european governments are not dealing with their economic problem. it's so frustrating to watch the ecb do everything right in terms of protecting the banks and the sovereign bond market and watch the politicians fail to do what's necessary to get these economies to grow. you have to stabilize the patient before you try and fission their long-term problems. the politicians don't do this. that means europe stays in a recession. for u.s. investors, i think it is still something of a side show....
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Sep 26, 2012
09/12
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FBC
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meetings right here in new york city, and greece erupting into violence months after a new government was just formed, so how will the ongoing troubles overseas impact you and your money? we're talking about it next. cheryl: violent protests erupt? madrid and athens, up next why that's impacting the markets here at home and, also, what you can do about it. cheryl: more web sites are facing service issues. last week bank of america and chase bank were victims of cyber attacks, today you can add wells fargo, u.s. bank corp. and pnc to that list. customers are having difficulty accessing their online banking services. the attacks came after a posting on the internet yesterday calling for cyber attacks this week against the banks. the person who posted the message said the attacks will continue until the anti-islam video is taken offline. >>> all right, everybody, investors are on edge following a day of violet austerity protests in spain and greece. the bank of spain warning today that the country is in, quote, a deep recession. the situation in athens is not much better, it's clear the
meetings right here in new york city, and greece erupting into violence months after a new government was just formed, so how will the ongoing troubles overseas impact you and your money? we're talking about it next. cheryl: violent protests erupt? madrid and athens, up next why that's impacting the markets here at home and, also, what you can do about it. cheryl: more web sites are facing service issues. last week bank of america and chase bank were victims of cyber attacks, today you can add...
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Sep 30, 2012
09/12
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CSPAN
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my question is on the quota for governance reform. he said that the numbers needed for the reform, you still needed more, at least 2% of the codes to get that part down. to some degree that is largely dependent on the united states. what is the confidence level that you have the you will see the completion of this reform before the end of the meeting this october? thank you. >> it is not just the united states. clearly, there are others, including the g-20 countries, which have rectified the reform of 2010. it is not a u.s.-centric issue. the u.s. has a sizable quota and is my largest shareholder, if you will. but this afternoon in that camp i certainly hope that the european authorities at large, including congress, will appreciate how needed u.s. leadership is and how needed the imf rule is going to be needed going forward. not to promote crises around the world, but it is the indirect consequences of those remote crises, including on the u.s. economy. if there is something worth learning, it is the interdependence of them. >> how c
my question is on the quota for governance reform. he said that the numbers needed for the reform, you still needed more, at least 2% of the codes to get that part down. to some degree that is largely dependent on the united states. what is the confidence level that you have the you will see the completion of this reform before the end of the meeting this october? thank you. >> it is not just the united states. clearly, there are others, including the g-20 countries, which have rectified...
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the spanish government is trying to resist that because they know it some. but i'm afraid they will probably thout to the to the dictates of brussels once again and we'll have more maybe that's racist and all that sort of thing. just to remind you if you've just joined us of people from across spain traveled to the capital for today's demonstrations to share their anger against the government's handling of the financial crisis thousands of protesters from across spain have surrounded the country's parliament chanting injuring at passing deputies there voicing their anger against the government's anti-crisis policies namely drastic cuts in a soaring jobless rate among peoples demands our complete halt. the dissolution of parliament and i'll just remind you these are live pictures of from madrid the protests has been tagged occupy congress. now those pictures you're looking at just from a few minutes ago were clashes had already broken out with protesters and police will why haven't we homage using baiters and even making some arrests at least a thousand three
the spanish government is trying to resist that because they know it some. but i'm afraid they will probably thout to the to the dictates of brussels once again and we'll have more maybe that's racist and all that sort of thing. just to remind you if you've just joined us of people from across spain traveled to the capital for today's demonstrations to share their anger against the government's handling of the financial crisis thousands of protesters from across spain have surrounded the...
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Sep 26, 2012
09/12
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KCSM
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he tried to reassure german industrial leaders over his plans to buy of eurozone government debt. >> i too will help stabilize conditions in other markets, such as those for corporate and bank bonds. we look at the credit flows -- that is the most important objective of our policy action. >> german politicians say they would have liked to have heard more about the ecb strategy as well. draghi is set to address them on his plans to buy eurozone debt very soon. >> all right, let's find out more about what mario draghi has been saying here in berlin. for that, you're so joined by our correspondent. thanks for being with us. as we saw there in the report, draghi defended the approach to business leaders in berlin. how is his message received? >> that has been the big question today -- how does mario draghi defend the ecb policy of buying up possibly unlimited quantities of bonds from struggling eurozone economies, and his answer was interesting. "unfounded fears" was the term he used, five times no less, on financial markets about the eurozone, which had and that some eurozone members, h
he tried to reassure german industrial leaders over his plans to buy of eurozone government debt. >> i too will help stabilize conditions in other markets, such as those for corporate and bank bonds. we look at the credit flows -- that is the most important objective of our policy action. >> german politicians say they would have liked to have heard more about the ecb strategy as well. draghi is set to address them on his plans to buy eurozone debt very soon. >> all right,...
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Oct 1, 2012
10/12
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pelley: good evening, and we could add happy new year, because this is the first day of the federal government's new fiscal year. but there's not much to celebrate because the nation is headed toward what's being called the fiscal cliff and there are dire new warnings today about what will happen to american families unless congress and the president reach a budget deal by december 31. that is the day that a series of tax cuts will expire and big cuts in federal spend will take hold. tax experts said today 90% of american families are facing what they call unprecedented tax increases. how much? wyatt andrews is in washington tonight. wyat >> reporter: scott, according to the non-partisan tax policy center, the united states is now on the threshold of one of the largest tax increases in history-- a tax hike that could average $3,500 for every american household. without action by congress, the report says, taxes will go up next year by 20%-- $536 billion overall and will hit americans at every income level, including those living below the poverty line. for a middle-income family making $40,000 a
pelley: good evening, and we could add happy new year, because this is the first day of the federal government's new fiscal year. but there's not much to celebrate because the nation is headed toward what's being called the fiscal cliff and there are dire new warnings today about what will happen to american families unless congress and the president reach a budget deal by december 31. that is the day that a series of tax cuts will expire and big cuts in federal spend will take hold. tax...
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Oct 3, 2012
10/12
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. >> george is entering uncharted waters, perhaps the first democratic change of government since the collapse of the soviet union more than 20 years it. >> president mikheil saakashvili will stay in office, but his party has lost parliamentary elections to the opposition party, the georgian dream. now you'll have to get along with a new prime minister who ran a bitter campaign against him. >> batman is a once elusive millionaire who only wanted to politics last year. we will find out more about hamper our correspondent in moscow in just a moment. first, this report. >> it georgians will cut to the prospect of a new parliament. it's the first time since independence that an election rather than a revolution has led to the transfer of power. >> i expect improvements and laws so that children will be happy. i don't know how he will behave and what he will do for the people, but i see the people are hopeful. >> we expect things to get better. expect new things. the whole population is in a good mood. people meet each other and kiss each other. >> he swept to power in 2004 but faces accus
. >> george is entering uncharted waters, perhaps the first democratic change of government since the collapse of the soviet union more than 20 years it. >> president mikheil saakashvili will stay in office, but his party has lost parliamentary elections to the opposition party, the georgian dream. now you'll have to get along with a new prime minister who ran a bitter campaign against him. >> batman is a once elusive millionaire who only wanted to politics last year. we will...
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Oct 1, 2012
10/12
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the january p sneeze government does not want this to grow out of control, nor does the chinese government. tension certainly is rising and the man on the street is feeling passion about this issue. that's understandable. in the medium to long term, both governments want this to tone down and it will. >> let's hope that pans out. meanwhile all this cash that companies have, you were just talking about this, do you expect cap ex to continue to pick about up? >> i do. there's an awful lot of money sitting on the seed lines us a was noted back in an article back in july/august. almost 44% of the total value is held at cash in company coffers. this money needs to get spent. needs to get spent expenditures, hiring new staff. sitting in the bank is not helping anybody. >> who is spending shall steel makers, equipment makers more gloom about business conditions, sentiment deteriorating sharply. they expect domestic demand to falter, as well. in that mood, they won't be spending anymore money, are they? >> well, again, as the survey had indicated, some of the larger manufacturers are amongst the m
the january p sneeze government does not want this to grow out of control, nor does the chinese government. tension certainly is rising and the man on the street is feeling passion about this issue. that's understandable. in the medium to long term, both governments want this to tone down and it will. >> let's hope that pans out. meanwhile all this cash that companies have, you were just talking about this, do you expect cap ex to continue to pick about up? >> i do. there's an awful...
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Sep 26, 2012
09/12
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taking work requirements out of government assistance is, in my opinion, a very bad course to take and creates a culture of dependency. we help people who need help. we want to help people that need help. but the idea of removing work requirements i think is a mistake. >> keeping them honest, as you just heard, jim acosta say politic fact gave that rating a pants on fire. the "washington post" gave it four pinocchios and quote, a mitt romney tv ad claims the obama administration has adopted a plan to gut welfare reform by dropping work requirements. the plan does neither of those things. back to the claim governor romney made about correcting ads or statements if there's anything factually wrong or amiss as he said, jim acosta called and e-mailed the romney campaign to ask if they could give any examples of that happening. so far he's gotten no response. he joins me now. so does lori robinson. jim, you pressed governor romney on that welfare ad which independent fact checkers have said was false. he didn't back down. not only did he not back down, he seemed to double down on it. >> tha
taking work requirements out of government assistance is, in my opinion, a very bad course to take and creates a culture of dependency. we help people who need help. we want to help people that need help. but the idea of removing work requirements i think is a mistake. >> keeping them honest, as you just heard, jim acosta say politic fact gave that rating a pants on fire. the "washington post" gave it four pinocchios and quote, a mitt romney tv ad claims the obama administration...
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we are not getting the help we need from government. i don't want help from government. i want them to leave me alone and it is insulting when you are doing this and trying to provide for your family and someone says i am pro small business but you didn't build your business and it is insulting. dave: we wish you the best of luck. congratulations on new jersey operations. liz: uncertainty in washington taking the toll on business with ceo optimism -- what is causing the drop in confidence? we will ask former governor john england next. south [ mujahid ] there was a little bit of trepidation, not quite knowing what the next phase was going be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time with my wife and my kids. it's my world. that's my world. ♪ >> time for a quick speed read of some of the day's other headlines. five stories in a minute of the boeing union technical engineers rejebbed
we are not getting the help we need from government. i don't want help from government. i want them to leave me alone and it is insulting when you are doing this and trying to provide for your family and someone says i am pro small business but you didn't build your business and it is insulting. dave: we wish you the best of luck. congratulations on new jersey operations. liz: uncertainty in washington taking the toll on business with ceo optimism -- what is causing the drop in confidence? we...
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Sep 25, 2012
09/12
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CNBC
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he doesn't want to be writing checks to the foreign governments. he wants a more sophisticated interplay. that was where he was going with this. but he cited the initiative as the model that he would like to pursue. he said what bill clinton has done is a model for how far rin policy can go. many thanks. >> let's get right to our guests. retired four star general. general mccaffery, can i get your take on something, iran saying they have a big missile test and is this bs or is it real? >> i think they are trying to project eemense military power. i do think they have the batteries to close down the gulf for any kind of confrontation. military force is not the option in the gulf. >> but you could surmise that they were taking this test. because ahmadinejad was talking on the news yesterday. normally they would show us pictures. i'm skeptical, did anything happen at all or is this off the radar screen, nothing, zero? >> they have constructed a m missile industry and a lot of it was the russian defecting scientist. this is a third tier military power.
he doesn't want to be writing checks to the foreign governments. he wants a more sophisticated interplay. that was where he was going with this. but he cited the initiative as the model that he would like to pursue. he said what bill clinton has done is a model for how far rin policy can go. many thanks. >> let's get right to our guests. retired four star general. general mccaffery, can i get your take on something, iran saying they have a big missile test and is this bs or is it real?...
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Sep 25, 2012
09/12
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you can't get it from the united states government. they'll pay you nothing. people are going say, wait a minute, now i have to pay 36% and i have risk in the marketplace. these are a lot of big issues. >> i know you meant governor romney. >> let me apologize. >> do you think we go to the election and are in standstill mode until then? once we get the clarity of who's in the white house, what's your expectation? >> i do. i don't anticipate a lot. i know people are talking about that we'll see more in the early parts of november because of the different things with the defense department and where they're going to be at as far as cuts go. we'll get an indication what's going to happen. i think we'll have to wait until the election is over and done with and we'll get clarity for the future of the markets. >> i really like the fact you're looking at this whole dividend issue. we've been talking about the fiscal cliff a lot on this program. do you really think these guys are going to allow dif vidend taxes to go to 43%? >> they think hthis is a bunch f wealthy peo
you can't get it from the united states government. they'll pay you nothing. people are going say, wait a minute, now i have to pay 36% and i have risk in the marketplace. these are a lot of big issues. >> i know you meant governor romney. >> let me apologize. >> do you think we go to the election and are in standstill mode until then? once we get the clarity of who's in the white house, what's your expectation? >> i do. i don't anticipate a lot. i know people are...
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Oct 2, 2012
10/12
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will the spanish government have to be bailed out. >> the spanish government is taking very, very courageous measures. whether you look at bank restructuring, whether you look at structural reforms to make to make the spanish economy agile, flexible, able to capture growth, to help people create jobs. they're also taking some fiscal measures in order to reduce their deficit so all of that is hard. but it's courageous. and it needs to be supported. >> pelley: christine lagarde, managing director of the international monetary fund. late today secretary of state hillary clinton said she put together a commission to investigate the attack on the u.s. consulate in benghazi, libya. it will be led by the former head of the joint chiefs of staff, admiral mike mullen and former u.s. ambassador thomas pickerring. they will look at security and how four americans, including ambassador chris stevens, were killed in an attack on the anniversary of september 11. american airlines discovers why some of its seats came loose. u.s. soldiers are on the lookout for afghan allies who may be enemies. and why half
will the spanish government have to be bailed out. >> the spanish government is taking very, very courageous measures. whether you look at bank restructuring, whether you look at structural reforms to make to make the spanish economy agile, flexible, able to capture growth, to help people create jobs. they're also taking some fiscal measures in order to reduce their deficit so all of that is hard. but it's courageous. and it needs to be supported. >> pelley: christine lagarde,...
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Oct 3, 2012
10/12
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because the government changes took the shine off the sector. we know it's a very expensive industry that requires a lot of capital at the early phase. do you think the investment banks are willing to run the ticket on this because of the dynamics that play out in the sector? >> there is a bit of concern there with funding. but at the end of day, across europe, we're committed to reducing our carbon generating capacity, and the only way we can do that is through the construction of low carbon generating power stations and nuclear is one of those solutions. >> thank you very much for joining us today, scott parker on set with us today. >>> a move to raise cash and reduce a debt pile, the spanish telecomgiant says it has not decided what percent of capital it will float, but it does plan a controlling stake in the company. telecom has confirmed it's in discussions to combine with smaller rival metro pcs. deutsche telecom could come a step closer to exiting the market. they moved to call speculation saying significant issues were still outstanding
because the government changes took the shine off the sector. we know it's a very expensive industry that requires a lot of capital at the early phase. do you think the investment banks are willing to run the ticket on this because of the dynamics that play out in the sector? >> there is a bit of concern there with funding. but at the end of day, across europe, we're committed to reducing our carbon generating capacity, and the only way we can do that is through the construction of low...
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Sep 27, 2012
09/12
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the government is still saying 64% of government budget will be spent on social issues and social spending. we're not exactly rolling up the carpet and going home. the problem is, as spain enters its third year of recession, the people in the country are saying it's not enough, suzanne. what we're now looking for is whether or not spain has done enough to introduce austerity that the europeans will be happy with. but at the same time, that some form of economic growth going forward. >> any reaction from the people in the streets? we've seen protests erupted on tuesday. this is not good news. do we expect there's going to be more violence? >> well, you know, one hesitates to ever say what the mob on the street will ever d i haven't heard what's happening in barcelona or other cities where there's been major disturbances. what you need to focus on now is yes, the streets and the people because that's a driving force of what the government will decide. but the government is between a rock and the pro verbal. it's got to keep the people reasonably happy -- let me rephrase that. at las dramatic
the government is still saying 64% of government budget will be spent on social issues and social spending. we're not exactly rolling up the carpet and going home. the problem is, as spain enters its third year of recession, the people in the country are saying it's not enough, suzanne. what we're now looking for is whether or not spain has done enough to introduce austerity that the europeans will be happy with. but at the same time, that some form of economic growth going forward. >>...
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Sep 26, 2012
09/12
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FBC
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about the iranian government pursuit of nuclear arms. take a listen to what the president had to say. >> iranian government continues to prop up a dictator in damascus and support terrorist groups abroad. time and again it failed to take the opportunity to demonstrate its nuclear program is peacel and meet the obligations to the united nations. america wants to resolve the issue through diplomacy. we believe there is time and space to do so. melissa: does this help the president persuade the world that he is tough on terror? let's talk with someone who definitely is, new york city mayor rudy giuliani. what do you think of that? >> i thought president obama pursue basically failed policy from the day he got into office. he was telling us that four years ago we were going to pursue diplomacy. in that four years iran enriched-uranium three times more than when president obama came into office. they're on the verge of becoming a nuclear power. the president pointed out they're the biggest sponsor of terrorism in the world. what happens when
about the iranian government pursuit of nuclear arms. take a listen to what the president had to say. >> iranian government continues to prop up a dictator in damascus and support terrorist groups abroad. time and again it failed to take the opportunity to demonstrate its nuclear program is peacel and meet the obligations to the united nations. america wants to resolve the issue through diplomacy. we believe there is time and space to do so. melissa: does this help the president persuade...